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By comparing it to neighbours, we estimate that it is a period apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5B, Northgate, Rochester is £156,747 and the estimated rental value is £996 per month.
The apartment is within 5, Northgate, Rochester, ME1.
Northgate, Rochester, ME1 is located within the ME1 postal district.
5B, Northgate, Rochester has 31 entries in the Land Registry , most recently in December 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 5B, Northgate, Rochester is in very good condition we estimate a sale value of £164,585 and a rental value of £1,046 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £145,775 and a rental value of £926 per month.
Over the last 12 months the sale value of 5B Northgate Rochester has decreased by an estimated £2,108 (1.3%) and its rental value has increased by an estimated £21 per month (2.1%), giving an expected gross yield of 7.6%.
According to HM Land Registry, 5B, Northgate, Rochester was last sold on 15th December 2016 for £115,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since December 2016, the market for similar properties has risen 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5B, Northgate, Rochester within a radius of 660 metres over the last 2 years.
The most recent example is Flat 6, Crow Corner Buildings, Crow Lane, Rochester, ME1 1RF, a leasehold flat which sold for £152,500 on the 17th September 2021.
Read more about house prices in ME1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Northgate, Rochester, ME1 has a total of 5 addresses. According to our analysis of all the public data, 5B, Northgate, Rochester is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £173k less expensive than the average property in ME1.
The closest station to 5B, Northgate, Rochester is Rochester station which is 600 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 5B, Northgate, Rochester, 44.7% of property is privately rented and 36.7% is socially rented.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 5B, Northgate, Rochester, 4.3% of residents are recorded as possessing school level qualifications and 28.1% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 5B, Northgate, Rochester, the average age was 39.8 and the most common age was 27.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 5B, Northgate, Rochester, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 5B, Northgate, Rochester, there are an average of 0.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.